Modest economic slowdown in store for Asia

The China Post - Against the backdrop of a slowing global economy, rising oil prices and prolonged turmoil in credit markets, the pace of economic growth in Asia is set to fall modestly this year and next, a Reuters quarterly poll shows. Full Story

China set to lift ban on Sino-foreign brokerages

The China Post - Foreign investment banks will be able to establish joint ventures with securities firms in China by the end of the year, the Financial Times reported Monday. The policy follows China's promise at the last round of strategic economic talks with the U.S. in May to implement the change amid foreign frustration at being effectively shut out of China's booming stock markets. Full Story